USA: Lennox has appointed Alok Maskara as its new CEO effective from May 9. He is currently CEO of advanced materials company Luxfer Holdings.
Maskara succeeds Todd Bluedorn, who announced in July last year his plans to step down by mid-2022 as chairman and CEO after 15 years in the role.
Todd J Teske, current lead independent director since 2015 and board member since 2011, is appointed chairman of the board and will also serve as interim CEO prior to Maskara’s arrival.
Maskara brings 25 years of global leadership experience in manufacturing and technology. He has served for five years as CEO of Luxfer Holdings and, prior to that, served for nearly a decade as president of several global business units at Pentair PLC, a leading provider of water treatment and sustainable applications. He also held various leadership positions at General Electric Corporation and McKinsey & Company.